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PYONGYANG, Oct. 9 (Xinhua) -- Kim Jong Il, top leader of the Democratic People's Republic of Korea (DPRK), and a senior Chinese Communist Party official attended the mass gymnastic and artistic performance, "Arirang", here Saturday night.In a meeting with Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, before the performance, Kim thanked Zhou for congratulatory messages sent by Hu Jintao, general secretary of the CPC Central Committee, over the delegate conference of the Workers' Party of Korea (WPK) and the 65th anniversary of the WPK.Zhou arrived here Saturday morning for a three-day official goodwill visit to further cement the countries' traditional friendly ties.

BEIJING, Oct. 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), dropped 43 basis points Tuesday to 6.6775 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Tuesday's central parity, the Chinese currency has strengthened against the U.S. dollar by 2.19 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 9.2574 Tuesday, higher from 9.3215 on Oct. 11, the previous trading day.The yuan's rate against 100 yen was 8.124 Tuesday, compared with 8.1276 on Monday.The yuan's rate against the British pound was 10.6042, compared with 10.6311 on the previous trading day.The central parity of RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.

SHANGHAI, Oct. 23 (Xinhua) -- An official of one of China's top government think tanks called on Saturday for the readjustment of the nation's breakneck expansion of the auto industry as an explosion of new cars on China's roads aggravates problems with pollution and congestion.Liu Shijin, deputy director of the Development Research Center of the State Council, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.Also, auto manufacturers should strengthen their safety and quality control standards, he said.Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct. 12.In fact, annual sales and production could exceed 17 million, CAAM said.Although the expansion has brought an industrial boom to the country and boosted domestic demand, it has also triggered widespread concerns over the country's energy capacity, pollution levels and notorious traffic jams.In Beijing, the increasing number of private cars, along with heavy rainfall and a spurt in holiday travel, caused a record 140 traffic jams on a single Friday evening last month. In some parts of the city on that day people spent nearly two hours on what would normally have been a 15-minute commute.Further, Liu said increasing social problems arising from the country's industrial boom has made its future development unsustainable, which is a test for the government.He also suggested government allow market forces to play a larger role in allocating resources, and also permit uncompetitive producers to be phased out.

BEIJING, Sept. 27 (Xinhua) -- Russian President Dmitry Medvedev Monday signed a series of political and commercial deals on his second state visit to China, a sign of closer strategic ties between the two world powers.Medvedev held talks with his Chinese counterpart Hu Jintao Monday in Beijing. They celebrated the completion of a long-awaited China-Russia oil pipeline, the largest bilateral project between the two countries.The 999-km pipeline runs from Angarsk in Russia to Daqing in northeast China. It is part of a bilateral loan-for-oil deal that was reached in 2009. Under it, China makes a 25-billion-U.S.-dollar long-term loan to Russia while Russia supplies China with 300 million tonnes of oil through pipelines from 2011 until 2030."The smooth completion of the pipeline project is a model for the two countries' mutually beneficial win-win cooperation and a milestone for China-Russia energy cooperation," said Hu at the completion ceremony.The two countries also signed 15 deals on cooperation covering coal, gas supply, energy efficiency, renewable energy, nuclear power, power grids and banking.Medvedev arrived in northeast China's port city of Dalian Sunday to start his state visit. There, he met with veteran Chinese and Russian soldiers who participated in China's War of Resistance against Japanese Aggression (1937-1945), part of WWII, underscoring the "deep bonds" between the Russian and Chinese peoples.

MOSCOW, Oct. 5 (Xinhua) -- Chinese State Councilor and Public Security Minister Meng Jianzhu exchanged views on security and law enforcement cooperation with his Russian counterpart Nikolai Patrushev Monday night, during a high-level international security conference in Russia's Sochi.Meng highly commended successful bilateral cooperation in fighting terrorism, transborder crime and drug trafficking.Meng said as an important part of the Sino-Russian strategic partnership of cooperation, the security coordination of the two countries have gained new, vital improvement, but still needs to be further strengthened."Given the emerging global threats to security and amid increasingly open menaces coming from nontraditional crimes, efforts to strengthen Chinese-Russian cooperation in maintaining law and order, and enhancing security is becoming more and more important," Meng said.He proposed that Russia and China continue deepening coordination and interaction, and duly implement their government's plans to fight terrorism, extremism and separatism.The mechanism of cooperation already created must be fully used and the level of Chinese-Russian cooperation in maintaining law, order and security must be incessantly raised, he said."While combating illicit migration, the two countries must create an even better environment for exchanges between citizens, and encourage Chinese-Russian trade, and economic and investment cooperation in every possible way," Meng stressed.He noted that joint efforts to maintain security are important within the framework of the Shanghai Cooperation Organization.Patrushev expressed his agreement with Meng's proposal and suggestion on bilateral security cooperation.He said Russia is willing to work together with China in security sphere, to deepen coordination and interaction both bilaterally and multilaterally, so as to face together the new challenges and menaces.Meng has attend the meeting on Oct. 5-6 in the Russian Black Sea resort of Sochi.